Tag: Moniepoint
Moniepoint eyes commercial banking license to expand financial services in Nigeria
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The latest Nigerian fintech unicorn, Moniepoint, is pursuing a commercial banking license from the Central Bank of Nigeria…
Moniepoint lands $110M Series C led by DPI, backed by Google
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Fintech startup Moniepoint, based in Nigeria, announced on Tuesday that it has secured $110 million in fresh capital…
Opay, others to charge N50 levy on electronic money transfers in Nigeria
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Nigerian fintech companies like OPay, Moniepoint, and PalmPay will charge N50 for electronic payments of N10,000 or more…
CBN lifts Opay, Moniepoint, others account ban following compliance efforts
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The Central Bank of Nigeria (CBN) has announced that the ban on new account openings for leading fintechs,…
Moniepoint, Paga threaten account blockage over Crypto transactions
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Moniepoint and Paga, two prominent financial services providers in Nigeria, have notified customers of account closure if found…
OPay, Kuda, Moniepoint, others pause signups amidst CBN probe
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Kuda Bank, Moniepoint, OPay, and Palmpay have temporarily halted new customer account openings following a directive from the…
Moniepoint hits 5.2 billion transactions valued at $150bn
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Moniepoint, a leading payments startup, recorded a milestone feat in 2023. Despite industry challenges, the fintech juggernaut averaged…
Africa Financial Summit honours “Yellow Card” in Togo
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The 2023 Africa Financial Industry Summit gave the “AFIS Disrupter of the Year Award” to Yellow Card, Africa’s…
Fidelity Bank reinstates transfers to Moniepoint, PalmPay, others
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It has been confirmed by sources at various neobanks that customer transfers to neobanks such as OPay, Moniepoint,…
Fidelity Bank blocks transfers to OPay, Moniepoint, and Palmpay over KYC concerns
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Neobanks such as OPay, Palmpay, Kuda, and Moniepoint have been prohibited by Fidelity Bank, a commercial bank in…